| Product Code: ETC7922171 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see a strong demand for spirulina beverages, with top exporting countries being Poland, Lithuania, Netherlands, Estonia, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 10.89% from 2020 to 2024 reflects sustained growth. The growth rate of 7.06% from 2023 to 2024 suggests a positive momentum in the import shipments of spirulina beverages to Latvia, highlighting a potentially lucrative market for exporters in the coming years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Spirulina Beverages Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Spirulina Beverages Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Spirulina Beverages Market - Industry Life Cycle |
3.4 Latvia Spirulina Beverages Market - Porter's Five Forces |
3.5 Latvia Spirulina Beverages Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Spirulina Beverages Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Spirulina Beverages Market Trends |
6 Latvia Spirulina Beverages Market, By Types |
6.1 Latvia Spirulina Beverages Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 Latvia Spirulina Beverages Market Revenues & Volume, By Distribution Channel, 2021- 2031F |
6.1.3 Latvia Spirulina Beverages Market Revenues & Volume, By Hypermarket & Supermarket, 2021- 2031F |
6.1.4 Latvia Spirulina Beverages Market Revenues & Volume, By Online Retail, 2021- 2031F |
6.1.5 Latvia Spirulina Beverages Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Spirulina Beverages Market Import-Export Trade Statistics |
7.1 Latvia Spirulina Beverages Market Export to Major Countries |
7.2 Latvia Spirulina Beverages Market Imports from Major Countries |
8 Latvia Spirulina Beverages Market Key Performance Indicators |
9 Latvia Spirulina Beverages Market - Opportunity Assessment |
9.1 Latvia Spirulina Beverages Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Spirulina Beverages Market - Competitive Landscape |
10.1 Latvia Spirulina Beverages Market Revenue Share, By Companies, 2024 |
10.2 Latvia Spirulina Beverages Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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